Dan Held recently expressed that those who opt-in to Bitcoin are trading something abundant for something scarce, trading the past for the future, and trading financial dependence for financial sovereignty.

For concerns about the price of the Bitcoin becoming highly volatile, Dan pointed to how he has been holding on to the Bitcoin through the lows.  He also pointed to how important it is to keep steady through the swings and that holders will be rewarded for their conviction.

Looking at the anti-FUD attitude of Dan Held, there were some users who were curious to know about what was the first time that Dan purchased the Bitcoin and on what was the lowest price that he has stumbled across.

Dan replied stating that he purchased BTC for $10 in 2012, but clarified that he purchased very small numbers for that amount and that he also lost quite a lot in 2013 by trading poorly.

Several Bitcoin investors feel that Bitcoin will be three times better in terms of price than now.  The ultimate message from BTC holders is to stack and hold.

There are several retailers who are giving away their coins to big banks.  Some retailors don’t have the confidence to hold.  Those who are good in investing and are rich have an advantage because they have the power to hold until things balance out. However, small retailers who do not have too much to back themselves tend to sell when the market in jittery to avoid the fear of losing.

Some of them feel that the coming of big institutional investors into the investment space makes it hard to believe that BTC is a refugee asset. It just looks like HODL is not something that small players will be able to be doing.

Bitcoin (BTC) Noise or FUD

For those who have been holding for quite a long time, they know that some dips that are scary now will not really matter, if the investors learn to hold for long. Just like there will be an up there will be a down.

Those who have experienced the market cycles know that it pays off holding it.  The reality is that those who are weak in holding give it away to those who are hard in holding.  Market cycles do not change and the rest of the things are just the noise or FUD. Taking the risk at the moment is important.